Comprehensive Tax Reform Program

Petroleum excise taxes proven to be very inflationary in the past The administration persistently downplays certain increases in the prices of goods and services, research group IBON’s Executive Director Sonny Africa said. This is dishonest and insensitive to the burden ...

Though welcome, the recent wage hike in the National Capital Region (NCR) does not increase the minimum wage earners’ purchasing power. The real value of the minimum wage is even falling while the people face higher taxes under government’s proposed tax ...

Research group IBON said that the Department of Finance’s (DOF) resistance to even minor changes in its proposed tax reform program confirms the anti-poor and pro-rich character of the Duterte administration’s economic policies. The Senate Ways and Means Committee proposed ...

The latest survey of research group IBON showed that majority of Filipinos do not approve of almost all proposals under the first package of the Duterte administration’s proposed tax reform program. Survey respondents were informed that the government has a ...

Under the tax ‘reform’ package which is currently being deliberated by the Philippine Senate, the poorest 60 million Filipinos will pay Php47.0 billion in additional taxes next year which is 2.3% of their combined family income of some Php2.0 trillion. The highest ...

By Sonny Africa IBON FEATURES — The Tax Reform for Acceleration and Inclusion Act (TRAIN), the first part of the Duterte administration’s Comprehensive Tax Reform Program (CTRP), has hurdled the House of Representatives (HOR) and is up for deliberations at ...